The revision reflected a lower estimate for hourly compensation, while manufacturing productivity was raised to 2.4% and manufacturing unit labor costs turned negative.
Ciena posted record fiscal third-quarter revenue of $1.671 billion and lifted its full-year 2026 sales forecast as cloud-provider demand and AI-related network spending stayed strong.
Victoria’s Secret & Co. posted a 10.4% rise in second-quarter net sales and lifted its full-year forecast after adjusted operating income topped guidance.
The auction drew ₹3,109.305 crore of offers across four short-dated government securities, but none were accepted under the ₹30,000 crore buyback.
Brady posted record fiscal 2026 revenue and adjusted EPS, while its fiscal 2027 outlook points to roughly 23% adjusted EPS growth at the midpoint as the new IPS…
Bank of England Chief Economist Huw Pill says a prompt rise to 4% could limit the risk that temporary inflation pressures become more persistent.
Canada’s goods trade surplus narrowed sharply in July as exports to the United States fell 6.6%, offsetting record shipments to other markets.
Australia’s July goods surplus slipped to A$1.92 billion as a sharp fall in non-monetary gold exports outweighed gains in rural goods and LNG.
Consumer prices rose 0.4% from July as higher rents, petrol, diesel and heating oil reversed the previous month’s decline.
Japan's latest 30-year bond auction cleared at a 4.079% average yield, with demand slightly softer than August as investors digested a sharp repricing in Japanese government bonds.